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Bitcoin traded at $65,000 as $42 billion was stripped from the broader market, according to data cited by Cryptonews.net.
The sell-off arrived alongside a 25% drop in trading volume — a combination that historically signals weakening conviction rather than a clean directional move.
What the Volume Drop Actually Means A price decline on shrinking volume is the setup that should make anyone pause before calling a trend.
When volume contracts alongside price, it means fewer participants are actively trading the move — buyers are stepping back, but sellers are not overwhelming the tape with size.
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